Testing/tracking elliot wave theory. Please do not trade off idea without S/L. Not financial advice.
Link to previous chart:
If you press play on the previous chart, you'll see that my wave count is off and it has been looking for a bottom. The new chart is changed from the daily to the weekly. The daily chart does not give enough info to count the waves. This weekly chart dates all the way back to 14' which will give us a more accurate data to count waves. On the new chart you can see a giant cup and handle. This recent pump might be the breakout of the bull flag. If the counts are correct, the bottom is in.
Wave 3 target: 0.35
Link to previous chart:
If you press play on the previous chart, you'll see that my wave count is off and it has been looking for a bottom. The new chart is changed from the daily to the weekly. The daily chart does not give enough info to count the waves. This weekly chart dates all the way back to 14' which will give us a more accurate data to count waves. On the new chart you can see a giant cup and handle. This recent pump might be the breakout of the bull flag. If the counts are correct, the bottom is in.
Wave 3 target: 0.35